Euroclear and the International Capital Market Association (ICMA) signed an agreement whereby Euroclear SA/NV will acquire 100% of Xtrakter, the ICMA subsidiary, for an undisclosed cash amount. Xtrakter owns TRAX, a trade matching and regulatory reporting system that also provides market and reference data.
Pending receipt of regulatory approvals, Xtrakter will become a wholly owned subsidiary of Euroclear SA/NV and a sister company to the Euroclear group’s international and national central securities depositories, and EMXCo. Euroclear says that the Xtrakter business will complement the OTC trade matching and routing service (ETCMS) it has offered since 2000.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more